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There is a foreclosure that I have been looking at purchasing. They have it listed for $32,000. Repaired and updated it’s probably worth about $60000 - $65,000. I made offers at $25,000 and $27,000 but the realtor han...
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For all of you who are married (or soon to be), how are you handling your finances with your spouse? Keep totally separate accounts, merge everything, or make a stand-alone new joint account? My original thought was...
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Hi - I'm looking to make an offer on a 14-unit in downtown Marietta, GA. Proforma is as follows. At $575k, returns using the below are 17% Levered IRR (assume 80% LTV, 4.5% 360), 12% cash on cash, 1.33% rent to pric...
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Two years ago I purchased vacant land in Grand Junction, CO that is zoned so that I can build commercial, residential, multi-family or any combination thereof. According to the building codes, my lot is just big enoug...
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So now with all the market uncertainty there are a lot of deals out there that have been on the market anywhere from 14-60 days that have not gotten any offers. I’ve noticed that some are in really great neighborhoods...
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So I'm in the process of getting a mortgage in Phoenix for my first home purchase. My question is that do I need to go through a lending company for a pre-approval or can I go directly to a bank for the pre-approval?I...
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Hello,
I've been talking to a realtor from realtytrac that specializes in distressed properties. I have not been pre approved for a loan yet. She sent me to Wells Fargo where I do my banking. With the info I provided...
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Hey All, I'm looking for non-recourse lenders all over, do you have any regional banks, credit unions, etc. that offer non-recourse loans? Any mentions would be helpful.Thanks!
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We have been approached by someone who wants to use a HELOC to loan us funding for our acquisitions. Are there any good links or websites I can share with them to educate them on the pro's or con's to doing so?
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Wondering if any of you are Dave Ramsey fans out there. Myself and my wife have greatly benefitted from going through his financial peace book, and getting our personal finances in order, which has enabled us to inves...